What will treating a capital expenditure as an immediate do to expense, equity and assets?...
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Accounting
What will treating a capital expenditure as an immediate do to expense, equity and assets?
Treating a capital expenditure as an immediate expense: O A. overstates expenses and understates net income O B. understates expenses and understates assets C. understates expenses and overstates owners' equity 0 D. overstates assets and overstates owner's equity
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